eBay Inc. $EBAY Shares Sold by Raiffeisen Bank International AG

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eBay Inc. $EBAY Shares Sold by Raiffeisen Bank International AG
Raiffeisen Bank International AG decreased its holdings in eBay Inc. by 25% in the second quarter, selling 105,287 shares and retaining 315,748 shares valued at approximately $35 million. Despite this, institutional investors and hedge funds collectively own 87.48% of eBay. The e-commerce company reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend of $0.31 per share.
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